[ANN][FYP] Flyp.me Exchange - 🌟 50% PROFIT SHARING 🌟 FYP Token - SegWit

[hatuey]

What will be the  financial arrangement for  ICO?  Any  escrow service to make the investors' money safe?

I'd like to know this as well.. but Flyp.me hasn't answered my previous two posts yet.... If OP and flyp.me staff ignore these questions then I would caution anyone from investing here without being very very very cautious.

2 pages before on this thread I asked where they are based on: https://bitcointalk.org/index.php?topic=1952077.msg22353745#msg22353745

You asked and got some answer. But it was not clear.

https://beta.companieshouse.gov.uk/officers/YTBRM0zF3c9cUNED0xslDQDtIQI/appointments

Here, you can find HolyTransaction but from the looks and by the definitions of it. Flyp.me is a separate entity right? If it is independent, I haven't been able to locate its registration anywhere.

OR if it isn't independent from HolyTransaction, then wouldn't holytransaction need to be redefined as an exchange itself to avoid legal issues?

There's a few holes in the descriptions here and more information is always welcome when it comes to an ICO.

I would like to see the following information correctly displayed:

1- Flyp.me homepage has nothing to show for investors interested in knowing current levels of investment received.
2- Current staff members that work with Flyp.me (so far only the CEO is listed/employed?)
3- Is Flyp.me registered as a company anywhere? , is it listed on any application with a country to for a licence anywhere?
4- Which developer is responsible for the development and further upgrades of the code?
5- What's the current amount of FYP issued to the public based on all the money received? (since there were bonuses, this number can't be guessed)


As of now this are the most pressing concerns and it would be great if the website was more transparent about these things. Currently FLYP.ME is not transparent about its numbers, staff, or roadmap to the future.


As a point of reference and comparison I'd like to point you to coss.io (notice the difference? - they have all their staff listed, the company is registered and verifiable, and all their references check out. )

I'd love to see the same on FLyp.Me thanks.

[Flypme]

I would like to see the following information correctly displayed:

1- Flyp.me homepage has nothing to show for investors interested in knowing current levels of investment received.
2- Current staff members that work with Flyp.me (so far only the CEO is listed/employed?)
3- Is Flyp.me registered as a company anywhere? , is it listed on any application with a country to for a licence anywhere?
4- Which developer is responsible for the development and further upgrades of the code?
5- What's the current amount of FYP issued to the public based on all the money received? (since there were bonuses, this number can't be guessed)


As of now this are the most pressing concerns and it would be great if the website was more transparent about these things. Currently FLYP.ME is not transparent about its numbers, staff, or roadmap to the future.


As a point of reference and comparison I'd like to point you to coss.io (notice the difference? - they have all their staff listed, the company is registered and verifiable, and all their references check out. )

I'd love to see the same on FLyp.Me thanks.

Hi, thanks for getting in touch.

I'll answer your questions below.

1 - We are working on an update of the homepage to display more information. We already pushed some changes yesterday. During the Presale around 8.5 million FYP Tokens have been created.

The ETH sent through the smart contract is visible on blockchain explorers like etherscan. For the ETH and all other cryptocurrencies sent through the form, the team will need to finalise the data and inject it in the token smart contract. We will provide a link to the token smart contract where anyone could see as the data is uploaded and FYP Tokens are created.  

2 - Currently, 6 of us work full time on flyp.me and others are contracted part-time or on a project basis when and if needed. flyp.me is built and managed by the current team at HolyTransaction, the first multi-currency web wallet. The company as been providing its services since 2015. You can find information about the company and its work.

Below are a few articles:
- https://cointelegraph.com/news/holytransactions-ceo-explains-new-multicurrency-wallet-features
- https://news.bitcoin.com/francesco-simonetti-talks-holytransaction-wallet-supports-multicurrencies/
- https://cointelegraph.es/news/entrevista-a-francesco-simonetti-ceo-de-holytransaction/es
- https://news.bitcoin.com/10000-eu-atms-to-cash-out-bitcoin/

In regards to the team specifically working on flyp.me, considering the nature of our business, we don't deem it safe to publish the full list, because this can expose them to personal attacks and possibile corruption from external actors. Privacy and security are key for the team and the platform.

3 - The flyp.me ICO is launched by HolyTransaction LTD. Flyp.me works with different partners depending on the jurisdiction.

4 - The development team is well known. As explained in point 2 we believe for the privacy and security of Flyp.me and its team is better not to disclose that information publicly. The Flyp.me exchange is already working and supporting 78 trading pairs. Also, the Flyp.me API is already available for businesses and developers to accept payments in 13 cryptocurrencies. The code can accessed here https://flyp.me/api

This combined with the knowledge that HolyTransaction is behind this project, we believe should show the level of development.


5 - Please see point 1

The flyp.me roadmap is available in the whitepaper. It's important to point out that Flyp.me is already a fully working exchange with additionally a multicurrency payment API that is already available. The flyp.me ICO is to increase the reserve funds of each cryptocurrency supported, improve the platform, integrate decentralized asset platforms and R&D for 2nd layer solutions.

[Flypme]

What will be the  financial arrangement for  ICO?  Any  escrow service to make the investors' money safe?

Funds will be distributed across reserve funds and business funds, in relation to the amount raised.

Please note that the profits generated by those FYP Tokens allocated to flyp.me will be reinvested in the flyp.me service, its roadmap and to increase further its reserve funds.

Reserve funds:
Between 50% and 35% of the funds raised.

Business funds:
Between 50% and 65% of the funds raised.

•   Engineering and security (25%)
•   R&D (20%)
•   Legal services (10%)
•   Communications and marketing (25%)
•   Business development and strategic partnerships (20%)


Information about the use of funds and roadmap are explained in more details in the whitepaper https://flyp.me/whitepaper.pdf

HolyTransaction Wallet is the escrow.

[Flypme]

Great to see in some days, FYP token in my wallet after spending some DOGE, LTC and ETH in the presale ;-)

Great! We are seeing transactions across all 13 cryptocurrencies supported! :-)

When does the 3-month timeframe for profit sharing starts?

It will start at the end of the ICO, 21st October 2017

[Retired]

I will only say something: it's the first time I see a public key next to an email on an ICO announcement. These guys know technology and security.

[finpunk]

Hello,

ZenCash team would like Zen to be listed on Flyp.me.

https://zensystem.io/
https://www.bittrex.com/Market/Index?MarketName=BTC-ZEN
https://bitcointalk.org/index.php?topic=2047435.0

Please inform us about your decision. We would like to cooperate with you.

Thanks!

Hi ZenCash team, we will look more into ZenCash and get in touch with you via email.

Thank you

Awesome! I'd love to talk about this in more detail. Please feel free to reach out to me directly as one of the ZenCash co-founders.

[alani123]

What will be the  financial arrangement for  ICO?  Any  escrow service to make the investors' money safe?

I'd like to know this as well.. but Flyp.me hasn't answered my previous two posts yet.... If OP and flyp.me staff ignore these questions then I would caution anyone from investing here without being very very very cautious.

2 pages before on this thread I asked where they are based on: https://bitcointalk.org/index.php?topic=1952077.msg22353745#msg22353745

You asked and got some answer. But it was not clear.

https://beta.companieshouse.gov.uk/officers/YTBRM0zF3c9cUNED0xslDQDtIQI/appointments

Here, you can find HolyTransaction but from the looks and by the definitions of it. Flyp.me is a separate entity right? If it is independent, I haven't been able to locate its registration anywhere.

OR if it isn't independent from HolyTransaction, then wouldn't holytransaction need to be redefined as an exchange itself to avoid legal issues?

There's a few holes in the descriptions here and more information is always welcome when it comes to an ICO.

I would like to see the following information correctly displayed:

1- Flyp.me homepage has nothing to show for investors interested in knowing current levels of investment received.
2- Current staff members that work with Flyp.me (so far only the CEO is listed/employed?)
3- Is Flyp.me registered as a company anywhere? , is it listed on any application with a country to for a licence anywhere?
4- Which developer is responsible for the development and further upgrades of the code?
5- What's the current amount of FYP issued to the public based on all the money received? (since there were bonuses, this number can't be guessed)


As of now this are the most pressing concerns and it would be great if the website was more transparent about these things. Currently FLYP.ME is not transparent about its numbers, staff, or roadmap to the future.


As a point of reference and comparison I'd like to point you to coss.io (notice the difference? - they have all their staff listed, the company is registered and verifiable, and all their references check out. )

I'd love to see the same on FLyp.Me thanks.

It's good that these questions are put out. I'd be extra cautious putting any money in a project like this where important matters like these go addressed. Sadly, ICOs are an easy way to draw funds lately.

[coindoctor]

Where are your tokens going to be trading on?

[coindoctor]

Where are your tokens going to be trading on?

I see HitBtc on your site, also HolyTransaction?

[poordeveloper]

Where are your tokens going to be trading on?

I see HitBtc on your site, also HolyTransaction?

I thought you could already buy tokens there?

[HolyTransaction]

Where are your tokens going to be trading on?

I see HitBtc on your site, also HolyTransaction?

I thought you could already buy tokens there?

Yes, you can get FYP Tokens also on HolyTransaction.

[thomoak]

Where I can find the source code of the smart contract?

[Flypme]

Where I can find the source code of the smart contract?

Hi! There are different block explorers that offer the option to see the smart contract source code.
Just go on etherscan and visit the smart contract address you find on the website and then click on "Contract Source".

You can also visit on our repository on github: https://github.com/flypme/flypme-contracts

[Flypme]

I will only say something: it's the first time I see a public key next to an email on an ICO announcement. These guys know technology and security.

Thanks for noticing that. Security and privacy are key to us and our users!

[thomoak]

Where I can find the source code of the smart contract?

Hi! There are different block explorers that offer the option to see the smart contract source code.
Just go on etherscan and visit the smart contract address you find on the website and then click on "Contract Source".

You can also visit on our repository on github: https://github.com/flypme/flypme-contracts

How can i see FYP Tokens in myetherwallet after that I become a member of this ICO?

[Flypme]

How can i see FYP Tokens in myetherwallet after that I become a member of this ICO?

You can use the info at https://steemit.com/ico/@flypme/flyp-me-ico-add-custom-token-to-your-wallet

[thomoak]

Since I don't have an Ethereum wallet, can I use MEW with 0 ETH balance to just send FYP tokens or do I need to have some ETH to pay for the transaction fees?

[Flypme]

Since I don't have an Ethereum wallet, can I use MEW with 0 ETH balance to just send FYP tokens or do I need to have some ETH to pay for the transaction fees?

Hi, you can receive FYP Tokens in a wallet that doesn't have any ETH. However, to send FYP Tokens from the wallet a minimum ETH balance is needed to cover the transaction fees.

[soliton]

What will be the  financial arrangement for  ICO?  Any  escrow service to make the investors' money safe?

I'd like to know this as well.. but Flyp.me hasn't answered my previous two posts yet.... If OP and flyp.me staff ignore these questions then I would caution anyone from investing here without being very very very cautious.

Yep, in the world of crypto investor must be cautious tenth as much and even more. Being an experienced investor I never trust and never believe  anyone  and  prefer to stay away  from any ICO not backed up by escrow.

[poordeveloper]

Can we have the tokens stored anywhere and still receive the 50% profit share?